MECEP Wades into Biennial Budget Discussion

February 11, 2011 by

Yesterday (2/10/2011), Governor Paul LePage submitted his first biennial budget to the Legislature.  In advance of the Governor’s address to a joint session of the Legislature, MECEP released a background paper to provide a factual context for anticipated tax and budget items the Governor would touch upon in his remarks.  “Our purpose in presenting this background paper is to encourage policies based on the facts, not anecdotes or ideology,” MECEP … Read the rest

Sensibility, Not Rhetoric, Key to Strong State Finances

February 3, 2011 by

On 1/20/2011, Maine’s new State Treasurer, Bruce Poliquin, posted his first official blog describing Maine’s $4.3 billion in unfunded pension liability for teachers and state employees as a “potential fiscal tsunami.” At a State House press conference a few days later, Treasurer Poliquin called the state debt, and unfunded retirement benefits for teachers and state employees “fiscally unsustainable.” 

In response, MECEP issued its own statement (“Building on a Solid Read the rest